$1,125,000
SOLD MAY 30, 2025

407 Driftwood Ave Melbourne Beach, FL 32951

3 Beds
3 Baths
2,149 Sq Ft
0.26 Acres

Recently Sold

$523 Per Sq Ft

18% Above List Price

4 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Docks
  • Intracoastal View
  • Gemini Elementary School Rated A-
  • River Access
  • Open Floorplan

About This Home

As of May 2025

Welcome to this waterfront estate with 100' along the Indian River and canal. Inside, two owner suites give everyone their space and the wood-burning fireplace brings everyone together. The kitchen was thoughtfully remodeled with walnut cabinets, a built-in pantry, and instant hot water—designed for real living. Bathrooms have also been beautifully updated, and recent upgrades like the 2021 HVAC, 2022 water heater, new washer/dryer, and electrical panel offer worry free living. Outside, it's a quiet paradise: a newer fence, three fruit trees (mango, star fruit, lychee), lush native landscaping, and a brand-new 52' dock with built-in bench shelving—where calm waters and endless views create the ultimate backdrop.

Last Agent to Sell the Property

DeWayne Carpenter

Compass Florida, LLC License #644362 Listed on: 04/02/2025

Compass Florida, LLC

Last Buyer's Agent

Gregory Zimmerman

One Sotheby's International License #3364053

One Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,287

Year Built

  • Built in 1967

Lot Details

  • 0.26 Acre Lot
  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • River Front
  • Home fronts a canal
  • North Facing Home
  • Front and Back Yard Sprinklers
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Property Views

  • Intracoastal
  • River
  • Canal

Home Design

  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,149 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Wood Burning Fireplace
  • Entrance Foyer
  • Screened Porch

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Shower Only

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Smart Thermostat

Outdoor Features

  • River Access
  • No Fixed Bridges
  • Docks
  • Patio

Schools

  • Gemini Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Harbor East HOA
  • Harbor East Sec 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-38-07-50-00000.0-0005.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,287

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1967
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, In Garage, Washer Hookup
  • ResoLotFeatures: Few Trees, Sprinklers In Front, Sprinklers In Rear
  • Reso View: Canal, River, Water, Intracoastal
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Closed Circuit Camera(s), Security System Owned
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Harbor East Sec 1
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-38-07-50-00000.0-0005.00
  • Location Tax and Legal Elementary School: Gemini
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 11287.2
  • Location Tax and Legal Tax Year2: 2024
  • General Property Information Living Area2: 2149.0
  • General Property Information Lot Size Acres: 0.26
  • General Property Information Lot Size Square Feet2: 11326.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: North
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: No
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Terrazzo: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • Security Features Security System Owned: Yes
  • Utilities Sewer Available: Yes
  • View Intracoastal: Yes
  • Security Features Closed Circuit Camera(s): Yes
  • ViewCanal: Yes
  • General Property Information Water Frontage Feet: 100
  • General Property Information CDD Fee YN: No
  • Smart Home Features Programmable Thermostat: Yes
  • Waterfront Features No Fixed Bridges: Yes
  • General Property Information Stories2: 1
  • Interior Features Primary Bathroom - Shower No Tub: Yes
  • Waterfront Features Intracoastal2: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Built-in Features, Entrance Foyer, Open Floorplan, Primary Bathroom - Shower No Tub, Smart Thermostat, Walk-In Closet(s)
  • Flooring: Terrazzo, Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Smart Thermostat: Yes

Exterior Features

  • Exterior Features: Dock
  • Acres: 0.26
  • Pool Private: No
  • Waterfront Features: Canal Front, Navigable Water, River Access, River Front, Intracoastal, No Fixed Bridges
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Covered, Patio, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Lot Features:Few Trees: Yes
  • View:River: Yes
  • Waterfront Features:Canal Front: Yes
  • Waterfront Features:River Front: Yes
  • Exterior Features:Dock: Yes
  • Patio And Porch Features:Covered2: Yes
  • Waterfront Features:River Access: Yes
  • Waterfront Features:Navigable Water: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Circular Driveway, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Laundry Features:In Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Circular Driveway: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Sewer Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 60.0
  • Association Fee Frequency: Voluntary
  • Association Name: Harbor East HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Harbor East HOA
  • General Property Information:Association Fee: 60.0
  • General Property Information:Association Fee Frequency: Voluntary

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 11326.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2847703
  • Parcel #: 28-38-07-50-00000.0-0005.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11287.2

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2025
Closed on
May 30, 2025
Sold by
Johnson Kelly Katherine and Su Szu-Nien
Bought by
Formica Mark and Formica Roberta
Seller's Agent
DeWayne Carpenter
Compass Florida, LLC
Buyer's Agent
Gregory Zimmerman
One Sotheby's International
List Price
$950,000
Sold Price
$1,125,000
Premium/Discount to List
$175,000
18.42%
Views
45
Current Estimated Value
$1,087,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,979
Avg. Annual Appreciation
-11.17%

Purchase Details

Listed on
Apr 22, 2021
Closed on
May 14, 2021
Sold by
Gnk Properties Llc
Bought by
Johnson Kelly Katherine and Kelly Katherine Johnson
Seller's Agent
David Wilkey
Salt Water Realty of Brevard
Buyer's Agent
Richard Eble
Compass Florida LLC
List Price
$849,000
Sold Price
$900,000
Premium/Discount to List
$51,000
6.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%

Purchase Details

Listed on
Apr 22, 2021
Closed on
Apr 19, 2021
Sold by
Lam Alvin Woon Hong
Bought by
Gnk Properties Llc
Seller's Agent
David Wilkey
Salt Water Realty of Brevard
Buyer's Agent
Richard Eble
Compass Florida LLC
List Price
$849,000
Sold Price
$900,000
Premium/Discount to List
$51,000
6.01%

Purchase Details

Closed on
Sep 23, 2020
Sold by
Kantz Soolay E
Bought by
Kantz Soolay E and Lam Alvin Woon

Purchase Details

Closed on
Jan 6, 1998
Sold by
Finger Thomas L
Bought by
Kantz Anthony E and Kantz Soolay E

Purchase Details

Closed on
May 27, 1994
Sold by
Stumph Marcia
Bought by
Finger Thomas L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.24%
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,125,000 None Listed On Document
Warranty Deed $1,125,000 None Listed On Document
Warranty Deed $900,000 Atypical Title Llc
Warranty Deed $620,000 Atypical Title Llc
Interfamily Deed Transfer -- None Available
Warranty Deed $254,000 --
Warranty Deed $199,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $1,125,000 +18.4% $523 / Sq Ft
04/07/2025 04/07/25 Pending -- -- --
04/02/2025 04/02/25 For Sale $950,000 +5.6% $442 / Sq Ft
05/14/2021 05/14/21 Sold $900,000 +6.0% $417 / Sq Ft
04/24/2021 04/24/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $849,000 +36.9% $394 / Sq Ft
04/19/2021 04/19/21 Sold $620,000 0.0% $288 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $620,000 -- $288 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,193 $781,390 -- --
2023 $10,193 $683,070 $0 $0
2022 $9,224 $586,780 $0 $0
2021 $7,833 $464,840 $315,000 $149,840
2020 $4,057 $278,090 $0 $0
2019 $4,045 $271,840 $0 $0
2018 $4,026 $266,780 $0 $0
2017 $3,974 $261,300 $0 $0
2016 $4,070 $256,020 $230,000 $26,020
2015 $4,134 $254,250 $230,000 $24,250
2014 $4,148 $252,240 $200,000 $52,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1041683

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-07-50-00000.0-0005.00